Examples of Shareholders’ Equity in a sentence
The Borrower will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Borrower to be less than (i) $1,100,000,000, plus (ii) 25% of the net proceeds of the sale of Equity Interests by the Borrower and its Subsidiaries after the First Amendment Effective Date (other than proceeds of sales of Equity Interests by and among the Borrower and its Subsidiaries).
Such Consolidated financial statements (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as expressly noted on Schedule [4/5] hereto, and (ii) fairly present the financial condition, results of operations, Shareholders’ Equity and cash flows of Holdings and its Subsidiaries in all material respects, subject only to normal year-end audit adjustments and the absence of footnotes.